SUBSCRIBE NEWS LETTER

renewable energy investment

Origis Energy Secures $375 Million Credit for Solar, Storage Projects

Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […]

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Tata Power Renewables commissions 120 MW solar project in Gujarat

Tata Power Renewable Energy has commissioned a 120 MW solar project in Masenka, Gujarat. Tata Power Renewable Energy Limited (TPREL), a 100 per cent subsidiary of Tata Power, has commissioned the solar project, which will produce 305247 MWh annually for Gujarat Government (GUVNL), a company statement said. In the installation, approximately 3.81 lakhs modules were […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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Indonesian Anantara Joins the List of Singapore’s Renewable Energy Suppliers

Indonesia based Anantara Energy Holdings Pte Ltd, a new JV between local solar power producer Quantum Power Asia and German renewable energy firm ib vogt GmbH, plans to export electricity to Singapore. The JV will see an investment to the tune of USD 5 billion (EUR 4.64bn) in the project, building a solar park of […]

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Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools

The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […]

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Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […]

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Envision Energy Gets 2000 MW Wind Turbine Orders in India

Chinese wind turbines and energy management software provider, Envision Energy has announced that it has been awarded a 2000 MW (2GW) wind turbine order in India. Envision has said that a total of 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. The official statement of Envision held […]

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Azure Power to Develop 1700 MW renewable energy projects in Karnataka

Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […]

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Dewa to spend $11 billion on Renewable Energy in Dubai

The Dubai Electricity and Water Authority (Dewa) has announced that it will be investing $11 billion or Dh40 billion as capital expenditure over a period of next five years from now to enhance the utility’s renewable energy portfolio. Dewa has issued an official statement that confirms the media reports about the anticipated RE investments by […]

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